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SITC International Holdings Co (SITC International Holdings Co) Construction In Progress : $73 Mil (As of Dec. 2023)


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What is SITC International Holdings Co Construction In Progress?

SITC International Holdings Co's quarterly construction in progress declined from Dec. 2022 ($112 Mil) to Jun. 2023 ($45 Mil) but then increased from Jun. 2023 ($45 Mil) to Dec. 2023 ($73 Mil).

SITC International Holdings Co's annual construction in progress declined from Dec. 2021 ($145 Mil) to Dec. 2022 ($112 Mil) and declined from Dec. 2022 ($112 Mil) to Dec. 2023 ($73 Mil).

SITC International Holdings Co Construction In Progress Historical Data

The historical data trend for SITC International Holdings Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SITC International Holdings Co Construction In Progress Chart

SITC International Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.95 38.45 145.15 111.72 73.12

SITC International Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 145.15 179.26 111.72 45.17 73.12

SITC International Holdings Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

SITC International Holdings Co (SITC International Holdings Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » SITC International Holdings Co Ltd (OTCPK:SITIY) » Definitions » Construction In Progress
Comparable Companies
HKSE:06198 HKSE:00144 HKSE:03369 HKSE:01199 HKSE:02343 HKSE:00517 HKSE:03382 HKSE:02409 HKSE:01719 HKSE:01748 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
01308:Hong Kong 7S8:Germany
Address
6-8 Harbour Road, 31/F, Shui On Centre, Wanchai, Hong Kong, HKG
Website
https://www.sitc.com
SITC International Holdings Co Ltd is a shipping company operating within Asia under two reportable segments: the container shipping and logistics segment and the dry bulk and others segment. Nearly all of SITC International's revenue comes from the container shipping and logistics segment, which covers the provision of container transportation, freight forwarding, shipping agency, depot, and warehousing. The dry bulk and others segment provides services of dry bulk vessel leasing, land leasing, and other services. Geographically, it derives majority of its revenue from Greater China.

SITC International Holdings Co (SITC International Holdings Co) Headlines

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